I would probably venture to say the reserves were too high. I would not put much stock in what Kelly BB has to say, they greatly favor the dealerships with their numbers. The best thing to do is what you are already doing, look on dealership websites at used vehicle or autotrader.com and see what others dealerships are list a similiar model for. From there you can usually subtract atleast 20% for the dealership profit and that will give you a ball park figure what you can sell it for.

IB, both Autotrader.com and Cars.com are effective and easy tools for private sale. Note even the new 2012 Overlands V8 loaded are being had at circa $41k prices, which is at or below what we paid for the 2011's.

Good luck with it. The board would miss you if you end up selling her. (The WK2, not the wife).

I searched for months and considered buying a used 2011, but by november, i was able to purchase a new overland for less then 90% of the used limiteds/overlands that were listed on ebay, autotrader, cars.com, etc. I believe most dealers that purchased them wholesale paid too much during months prior and are now stuck.

Holiday season months and the "recovery" months right after are generally not a good car sales period. Tax return checks are coming usually starts the used car buying market. I don't think it's just Jeep Grand Cherokees expereincing this. Most of the market right now is down sizing to higher MPG cars.

IMHO, Cash for Clunkers drove used car prices up to a point where most makes/models can be had new for just a "few" more dollars. At least that is what I was noticing in my area...I see a lot more people buying new these days instead of used models that are 1-2 years old.

IMHO, Cash for Clunkers drove used car prices up to a point where most makes/models can be had new for just a "few" more dollars. At least that is what I was noticing in my area...I see a lot more people buying new these days instead of used models that are 1-2 years old.

That and people aren't switching cars as much as they were. Granted things are picking up, but for awhile the inventory of used cars was low...so the prices have been high.

The issue is that depending on what you buy new, you can usually negotiate a great deal....just use the Grand Cherokee as an example (discounts, incentives, low rates, etc).

Often it pays these days to just buy new vs. buying a 1 year old pre-owned model.